American Airlines Commits To Conditional Purchase Of 100 ZeroAvia Hydrogen-Powered Engines, Increases Investment In Hydrogen-Electric Innovator
The title of this post, is the same as that, of this press release from American Airlines.
These are the first three paragraphs.
American Airlines today announced that it has entered into a conditional purchase agreement with clean aviation innovator ZeroAvia for 100 hydrogen-electric engines intended to power regional jet aircraft with zero inflight emissions save for water vapor.
In addition, American has increased its investment in ZeroAvia. American made its first investment in ZeroAvia in 2022 and has also now participated in the company’s Series C financing round. The engine agreement follows the Memorandum of Understanding the companies announced in 2022.
ZeroAvia is developing hydrogen-electric (fuel cell-powered) engines for commercial aircraft, which offer the potential for close to zero inflight emissions. The company is flight testing a prototype for a 20-seat plane and designing an engine for larger aircraft such as the Bombardier CRJ700, which American operates on certain regional routes.
Note.
- PSA Airlines seem to operate a fleet of CRJ700 aircraft on behalf of their parent company; American Airlines.
- The Wikipedia entry for ZeroAvia shows a high class list of investors including Airbus, Alaska Airlines, Shell and United Airlines.
American Airlines must now be added to that list.
Conclusion
This could be a good boost for ZeroAvia.
July 9, 2024 Posted by AnonW | Hydrogen, Transport/Travel | American Airlines, Aviation, Bombardier CRJ700, Hydrogen-Powered Aircraft, PSA Airlines, ZeroAvia | Leave a comment
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